Catalog
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| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1992 |
| Type | Standard circulation banknote |
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| Obverse description | Blue and red tones over a multicolor guilloche underprint; a vignette at left depicts a sunrise over a cotton field, while a portrait of Nicaraguan poet Rubén Darío (born Félix Rubén García y Sarmiento) occupies the right field. Two facsimile signatures appear below the central text block, with series letter B and date 1992 indicated. |
|---|---|
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| Reverse description | Green and multicolor guilloche underprint surrounds a centrally placed vignette of the Coat of Arms of the Republic of Nicaragua — an equilateral triangle enclosing a landscape with five volcanoes and a rising sun, set within a circular band inscribed REPÚBLICA DE NICARAGUA and AMERICA CENTRAL. Denomination numerals 100 appear in each corner, with ornate scroll-work and dragon vignettes flanking the central arms. |
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| Comments |
Nicaragua's 1992 currency series was issued in the immediate aftermath of the hyperinflationary collapse of the Córdoba, which had depreciated so catastrophically through the late 1980s that the government introduced a new Córdoba in 1988 at 1,000:1, then was forced to redenominate again in 1991 at 5,000,000:1. This note belongs to that second reconstituted currency — the Córdoba Oro — issued once the Chamorro government had stabilized the monetary system following the Sandinista period.
Thomas De La Rue's involvement signaled a deliberate break from domestic printing arrangements that had contributed to inflationary overproduction under the prior regime.